Accenture: Banking

OCTOBER 5, 2020

So far in this blog series, I’ve talked about how COVID-19 is amplifying banks’ need for innovation and the key technology trends that will shape the near future. The post How to build future-ready banking operations beyond the pandemic appeared first on Accenture Banking Blog.

Operations 369

Operations How To Trends Innovation 369

Perficient

FEBRUARY 22, 2023

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. One of the key topics I expect to be discussed at the Summit is the heightened use of artificial intelligence (AI).

Trends 474

Trends North Carolina Customer Experience Charlotte 474

Accenture: Banking

JUNE 2, 2022

Far-sighted banks in Europe, such as BBVA, are moving quickly to overhaul their operations systems, processes and procedures. By streamlining these key functions and pulling in intelligent digital technologies to support their workforces, they’re set to achieve big gains in efficiency.

Operations 338

Operations System Technology Trends 338

Perficient

FEBRUARY 2, 2023

Here are some of the biggest payment trends we’re forecasting for the new year. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. In 2023, we expect to see this response exaggerated and heightened.

Industry 471

Industry Trends social media Payments 471

Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

Perficient

JANUARY 21, 2025

The insurance industry in 2025 is at a pivotal point, with key digital insurance trends leading the charge in transforming how carriers operate and interact with customers. Carriers must innovate, adapt to these changes, and leverage new technologies to maintain a competitive edge.

Trends 221

Trends Customer Experience social media Innovation 221

Perficient

JULY 11, 2022

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. Afterpay is offered at thousands of merchants – notable names include Nordstrom, Bed, Bath & Beyond, and Nike.

Fintech 474

Fintech Trends Apple South Dakota 474

Perficient

FEBRUARY 29, 2024

Driven by technological advancements, regulatory changes, and shifting consumer preferences, the banking industry must evolve and respond accordingly. As institutions adapt, Perficient’s Chief Strategist of financial services and expert, Scott Albahary, has identified six key trends to shape the banking landscape in the year ahead.

Trends 221

Trends Industry Analytics Compliance 221

Perficient

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes. Co-pilots: Software supported and enabled traders to operate more efficiently and swiftly.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Abrigo

DECEMBER 20, 2024

Likely trends are shaped by a dynamic rate environment The top issues facing executives managing credit portfolio risk and the balance sheet at financial institutions are shaped largely by the dynamic rate environment, according to Abrigos outlook for major trends in the year ahead.

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Management Risk Management Trends Lending 195

South State Correspondent

MARCH 3, 2025

In this article, we break down the lessons from this long-term trend. The question is, what changed in 1985 that precipitated this downward trend? Lets break it down and relate these trends to todays environment. Banks were now allowed to operate across state lines, increasing competition.

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FDIC Trends Management ATM 195

PYMNTS

JANUARY 27, 2021

26) compiling and analyzing data elicited from 6,000 restaurant operators and 1,000 adult consumers. The report looks at sales expectations for the coming year, operational changes in the industry, consumer behavior, menu trends, employment statistics and more.

Industry 264

Industry Report Technology National 264

Abrigo

NOVEMBER 22, 2024

Combining fraud and AML functions allows institutions to detect crossover patterns and trends that could signal suspicious activity on both fronts, improving detection rates and helping prevent financial crime from slipping through the cracks. Robust training programs will be crucial to maintaining expertise.

Fraud 195

Fraud Training Risk Management Compliance 195

Abrigo

MAY 20, 2022

Fraud on Alert for 2022 A review of SAR data , government agenc y releases, a nd fraud findings found these f raud c oncerns and trends to wat ch in 2022. Takeaway 1 An Abrigo review of SAR data, government agency releases, and fraud findings revealed fraud trends to watch for. But as one trend declines, new fraud schemes may arise.

Trends 195

Trends Fraud Training Survey 195

PYMNTS

JANUARY 1, 2021

This tracker brought NCR Corporation together with Avidia Bank and was notable for the stat that showed that one-third of bank customers said they would visit physical branches more often if they could compete with the ease of mobile banking, and banks are deploying or workshopping a number of technologies to make this convenience a reality.

Trends 259

Trends Video Retail Payments 259

Abrigo

OCTOBER 30, 2024

Increasing efficiency of compliant AML investigations To boost AML program productivity and keep pace with evolving compliance demands, financial institutions should focus on strategic operational improvements paired with the smart use of technology. What’s a leader to do? Consider the cloud for scalability and compliance.

Compliance 221

Compliance Training System Management 221

Perficient

OCTOBER 28, 2024

CFPB On June 24, 20024 the Consumer Financial Protection Bureau (CFPB) approved a new rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home.

Regulation 221

Regulation Fraud Tools Compliance 221

Abrigo

DECEMBER 27, 2022

Fraud trends for financial institutions to watch for in 2023 Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Be on the lookout in 2023 for the following trends identified by the FBI. Past and future trends. Familiar fraud trends. Consumer fraud trends. DOWNLOAD .

Trends 195

Trends Fraud cryptocurrency Software 195

Abrigo

JANUARY 27, 2025

Transaction monitoring in financial institutions Financial institutions operate in an environment where even the slightest data discrepancies can create outsized risks. Emerging technologies: Enhancing data integrity and monitoring Resources are few and far between in the world of AML and fraud detection.

Data 195

Data Compliance Fraud Training 195

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

Perficient

JANUARY 26, 2021

Quantum computing is one of the hottest technologies in the world right now, but it also considered an extremely complicated field because the quantum concepts involved aren’t easy to understand. However, there is a physical limit to this technology. What is Quantum Computing? Currently, computers are made with silicon transistors.

System 505

System Technology Data Marketing 505

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

Perficient

APRIL 14, 2022

The connection between technology and consumers in the insurance industry has never been more relevant. Although the insurance industry was already facing rising competition and customer expectations, the global pandemic forced our industry to take legacy processes and technologies, and transition to “digital” seemingly overnight. .

Strategy 332

Strategy Tools Industry Data 332

South State Correspondent

APRIL 1, 2025

This means that thanks to recent Apple upgrades in their operating system, most phones are now capable of receiving Rich Communication Services (RCS) messages in addition to traditional SMS. Conclusion As marketing technology continues to evolve, banks are constantly seeking innovative ways to enhance customer communication.

Marketing 195

Marketing Security Analytics User Experience 195

PYMNTS

MAY 19, 2020

Voice assistant technology already had an audience even before the coronavirus outbreak gave it a big boost, as it has now radically reshaped consumer habits and preferences on a global scale. Other common uses included making phone calls, managing schedules and running a person’s smart home technology. into digital channels.

Technology 205

Technology Millennials Retail Report 205

Jack Henry

MARCH 31, 2025

While some fraud schemes are executed by sophisticated and well-organized criminal operations, many are carried out by individuals (or small groups) using readily available tools and tactics. Fraud is evolving at an unprecedented pace, and community banks and credit unions are increasingly finding themselves in the crosshairs of bad actors.

Fraud 68

Fraud Trends Community Bank Community 68

PYMNTS

DECEMBER 4, 2020

What that means for Walgreens and other mega-retailers like Walmart and Amazon (which are already using similar double-dipping technology) is that when a customer is browsing in-store or on a website, a soft drink company could present them with an on-the-spot ad that would presumably lead to increased purchases.

Retail 216

Retail Trends Branding Groups 216

Abrigo

FEBRUARY 28, 2025

The technology used to perpetrate financial crimes may be changing, but these common fraud typologies aren't going anywhere. Connect with an expert Common fraud schemes Check fraud Check fraud is one of the most concerning fraud trends for community banks in 2025. Can your AML/CFT and fraud staff recognize these fraud typologies?

Fraud 221

Fraud social media Training Community 221

PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows.

Analytics 293

Analytics Examples Trends Operations 293

Bank Innovation

JUNE 12, 2017

As the year saw changes in financial regulation, startup culture, and trends in venture capital, innovation moved forward: blockchain labs were made, funding was fought for, mobile payment systems were integrated, and the limits of artificial […].

Innovation 399

Innovation blockchain Trends Capital 399

Abrigo

MARCH 18, 2025

Payment system types, trends, and fraud risks Understanding how payment systems function, the different types in use, and the associated risks is critical for financial institutions to be able to balance innovation with security. Key topics covered in this post: What is a payment system? Multiple agencies oversee payment systems in the U.S.:

System 195

System Payments Fraud Regulation 195

PYMNTS

OCTOBER 16, 2020

Numerous quick-service restaurants (QSRs) have deployed these technologies to support their operations, tailor their customer service approaches and even boost sales, but many players, including several big names, have been reluctant to invest in such innovations. QSRs Leverage AI. How AI Can Aid In Fraud Detection, Sales.

Analytics 273

Analytics Data Fraud Tools 273

Perficient

JUNE 25, 2020

The trends identified align exactly with what we’ve been seeing the marketplace, and we’ll highlight a few here. Companies need to choose partners and technologies that can adapt across any channel. There are huge benefits to the business when technology, people and process align around a strategy that is well-crafted.

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Study Strategy Trends Technology 322

Abrigo

FEBRUARY 6, 2025

With this regulatory risk and associated operational complexities, there is plenty for financial institutions to consider before diving into cannabis lending. Its a way to serve businesses that are often forced to operate outside traditional financial systems. Then, theres the operational side. These details matter.

Lending 195

Lending Compliance Community Software 195

PYMNTS

DECEMBER 18, 2020

This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future. Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. The Fraud Threats Of 2020.

Fraud 229

Fraud Trends Security social media 229

PYMNTS

JULY 1, 2020

Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? AI is poised to make a profound impact on the banking sector,” Ariff Kassam , chief technology officer at NuoDB, told PYMNTS. It’s true, but not for long.

System 268

System Digital Banking Tools User Experience 268